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RIDER to mortgage between CESAR A. MONTOYA, Mortgagor and
LON F. PARSONS, mortgagee
8. The mortgagor shall bave the right to prepay the whole or any
part of the unpaid balance of the indebtedness under this mortgage at any time
on thirty days notice_without penalty. If the mortgagor prepays the whole unpaid
balance, the mortgagee shall remit to the prior mortgagee, out of the prepayment
funds, the unamortiZed principal balance of•the prior mortgage, together with
accrued interest. Any partial payment shall be applied against the sums last
payable, under this mortgage, and if the amount prepaid exceeds the amount determined
by subtracting the then unpaid balance of the prior mortgage from the then unpaid -
principal under this mortgage, and the excess amount shall be remitted to the
mortgagee of the prior mortgage by the mortgagee.
9, The mortgagor and mortgagee agrees not to enter into any agreement
with the holders of the prior mortgage, modifying or amending any of the provisions
dealing with the principal or interest under such prior mortgage without the
prior written consent of the other.
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